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Industry 4.0 News

Recent industry report about Industry 4.0 company news, including latest market trends and industry updates in 2024. This sector news is compiled by vlogý™ Industry 4.0 Market industry experts.

Industry 4.0 News

  • June 2024 - Rockwell Automation and NVIDIA joined forces to advance the creation of safer and more intelligent industrial AI mobile robots. Their collaboration, which kicked off earlier this year, initially centered on boosting AI's influence in manufacturing. Now, the partnership is expanding its scope to include robotics, with a particular emphasis on leveraging AI to boost the performance and efficiency of autonomous mobile robots (AMRs). Rockwell is rolling out AMRs and production automation solutions to its industrial clientele, aiming to elevate operational efficiency.
  • April 2024 - Viam teamed up with KUKA to enhance the integration and deployment of its software platform with KUKA's robotic arms. This was made possible by a versatile public driver, prominently showcased in the Viam Modular Registry. The partnership combines Viam's cutting-edge machine interoperability, code deployment, and data analytics prowess with KUKA's premier equipment. Consequently, automation specialists and systems integrators are equipped with a powerful tool, enabling them to better serve their clients and sharpen their competitive advantage.
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  • May 2024: Diriyah Square is set to welcome a premium office development as The Diriyah Company breaks ground, further diversifying its infrastructure portfolio for the business community. Emphasizing sustainability, the five low-rise office buildings will collectively offer close to 39,000 square meters of gross leasable area (GLA) and an expansive gross floor area (GFA) nearing 47,000 square meters.
  • March 2024: SIERRA launched its eFACiLiTY Enterprise Facility Management Software, claiming it to be the world's most comprehensive Computer-Aided Facilities Management (CAFM) and Integrated Workplace Management System (IWMS). Operating on a Software as a Service (SaaS) subscription model, the software is hosted on Microsoft Azure. Additionally, it features the eFACiLiTY Virtual Assistant, a sophisticated multilingual AI/ML solution powered by the Maintenance Guru. This smart tool identifies issues by sifting through the knowledge base and simplifies the generation of accurate work orders with just one click.
  • February 2024: Saudi Arabia's Real Estate General Authority (REGA) has launched its inaugural Facility Management (FM) service, aiming to revolutionize the country's housing sector. This initiative is designed to enhance the quality of life for residents through the effective management of residential communities.
  • September 2023: BT and Johnson Controls announced a strategic collaboration to assist business customers in the United Kingdom and internationally in benefiting from smart building technology. This technology will digitally monitor, analyze, and optimize energy usage in the workplace. Buildings, from offices to factories, can all benefit from these solutions, which help customers reach Net Zero faster while reducing operating costs. Both companies offer solutions that leverage smart building technology. Johnson Controls OpenBlue's digital platform is connected by a secure, flexible network that can improve data collection, enhance security, and efficiently manage connected buildings at scale.
  • May 2023: Johnson Controls expanded its residential and commercial contractor resource collection with the new Johnson Controls Ducted Systems (DS) Solutions App. The free app provides contractors immediate access to commercial and residential equipment information, which helps simplify installation, troubleshooting, and maintenance processes. Users can search for content by entering the model number or scanning the equipment's QR code to access product-specific information quickly.
  • August 2024: Parker Hannifin Corporation's Pump & Motor Division Europe has launched its new T7G Series of truck hydraulic pumps. These single and double hydraulic vane pumps, equipped with durable new housings and Parker's state-of-the-art variable speed drive technology, are designed to meet the ISO 7653 mounting standard. The T7G series, an evolution of the T6G Series, caters to diesel trucks and hybrid, electric, and hydrogen vehicles.
  • June 2024: Danfoss Power Solutions showcased its cutting-edge hydraulic remote controls to an international audience. The new lineup includes the DHRCJ joystick, DHRCP foot pedal, and DHRCD sectional valve. These state-of-the-art controls are designed for a wide array of machinery, such as excavators, skid steer loaders, backhoe loaders, wheel loaders, forklifts, truck cranes, aerial work platforms, telehandlers, and drilling equipment.
  • May 2024: Roche announced an extension of its partnership with Hitachi High-Tech, solidifying their commitment to collaborate for a minimum of 10 more years. This renewed collaboration leverages the combined strengths of both companies in diagnostics innovation, engineering, and manufacturing. Over the years, their partnership has yielded groundbreaking innovations, from introducing the industry's first multi-channel analyzer to automating immunology processes. These advancements revolutionized clinical labs and played a pivotal role in helping healthcare systems overcome delivery challenges, ensuring patients receive timely and effective care.
  • February 2024: Standard BioTools Inc., in line with its mission to 'Unleash tools to accelerate breakthroughs in human health,' partnered with Next Gen Diagnostics. The collaboration focuses on transforming the automation of sample preparation for pathogen whole genome sequencing. Standard BioTools planned to produce the NGD-100 as part of this exclusive agreement. This system is a tailored iteration of its microfluidics-based Biomark X9 System, designed explicitly for Next Gen Diagnostics and finely tuned for automated pathogen WGS library preparation.
  • January 2024: ISS AS announced the renewal of the full-service partnership agreement with Nordea in the Nordics. The contract runs for five years and covers full-service deliverables, including cleaning, catering, technical support, security, energy, and asset management, as well as experience working in a work environment like events and employee activities.
  • October 2023: ISS UK and Ireland partnered with the Social Value Portal, the United Kingdom's leading social value measurement organization. This partnership reflects the company's commitment to people, places, and the planet by enabling ISS to measure and describe the social value it creates.
  • April 2024 - LexxPluss announced to invest in the United States, by providing its conveyance systems to U.S. customers. The company also opened a new U.S. demo space to showcase the capabilities of its flexible robotic fleets.
  • March 2024 - ABB announced the release of its first autonomous mobile robot, the Flexley Tug T702, equipped with AI-powered Visual SLAM navigation technology and new AMR Studio software, enabling first-time robot users to easily program and manage. The new features simplify setup and can reduce commissioning time by up to 20 percent. Thus, they pave the way for a workplace in which intelligent robots operate autonomously despite the critical shortage of skilled workers.
  • March 2024 - AFORMIC announced to open of its showroom of autonomous mobile robots (AMRs) for flexible manufacturing and warehousing during MODEX 2024. The intelligent robotics option AFORMIC provides real-time intralogistics management and enables the automation of material transport, reducing operating costs and increasing the efficiency of production and storage processes.
  • September 2024: Schneider Electric, a global player in energy management digital transformation and next-gen automation, inaugurated its new manufacturing plant at Prospace Industrial Park Pvt. Ltd in Kolkata. Spanning 9 acres, the facility represents an investment of INR 140 crores (USD 167 Million). Such expansion in the smart factories may further propel the studied market demand.
  • August 2024: Gil Automation Ltd reported that Siemens offers an extensive portfolio of PLCs to the food and beverage industry to enhance operations, minimize inefficiencies, increase quality standards, and adapt to consumer preferences. By integrating Siemens' automation solutions, such as Programmable Logic Controllers (PLCs) paired with Supervisory Control and Data Acquisition (SCADA) systems into their production lines, manufacturers can achieve greater product consistency and quality. This shows the rising demand for PLCs within the food, beverage, and tobacco sectors.
  • April 2024: Valmet announced its latest offering, the Valmet DNA, a next-generation distributed control system (DCS). This cutting-edge system boasts a fully web-based design bolstered by a new cybersecure architecture. Valmet's package includes control software, hardware, engineering, and analytics tools. The company promises these features will empower its customers to enhance their operations' efficiency, productivity, sustainability, and safety.
  • June 2024 - Rockwell Automation and NVIDIA joined forces to advance the creation of safer and more intelligent industrial AI mobile robots. Their collaboration, which kicked off earlier this year, initially centered on boosting AI's influence in manufacturing. Now, the partnership is expanding its scope to include robotics, with a particular emphasis on leveraging AI to boost the performance and efficiency of autonomous mobile robots (AMRs). Rockwell is rolling out AMRs and production automation solutions to its industrial clientele, aiming to elevate operational efficiency.
  • April 2024 - Viam teamed up with KUKA to enhance the integration and deployment of its software platform with KUKA's robotic arms. This was made possible by a versatile public driver, prominently showcased in the Viam Modular Registry. The partnership combines Viam's cutting-edge machine interoperability, code deployment, and data analytics prowess with KUKA's premier equipment. Consequently, automation specialists and systems integrators are equipped with a powerful tool, enabling them to better serve their clients and sharpen their competitive advantage.
  • March 2024 - Specim revealed its collaboration with ETT, the top Machine Vision solutions provider in Chile. Through the partnership of Specim and ETT, clients in Chile and Peru will benefit from advanced imaging technology, professional assistance, and creative solutions that will enhance their achievements.
  • January 2024 - Living Optics Limited, a trailblazer in computational imaging, introduced its newest release, the Living Optics Camera. This innovative product is designed to combine spectral imaging functionalities with computer vision, enabling developers to delve into and utilize the benefits of Hyperspectral Imaging in their projects. The debut of Living Optics signifies the result of its wide-ranging partnerships across various sectors, including computer vision, agriculture, healthcare, and security. The objective of this launch is to broaden the reach of their state-of-the-art technology to a wider audience.
  • March 2024: ZainTECH, an integrated digital solutions provider, partnered with UEM Edgenta to integrate its digital solutions with UEM Edgenta's expertise in optimizing infrastructure and facilities management processes. ZainTECH showcased its portfolio of digital transformation solutions, reflecting the company's ambition to bolster its presence in Saudi Arabia. This agreement in Saudi Arabia comes with national-level digitalization programs in line with Vision 2030 and the National Investment Strategy.
  • August 2023: The Public Investment Fund (PIF) established the Saudi Facility Management Company (FMTECH), offering utility management, energy management, waste management, housekeeping, security, and landscaping services. FMTECH aims to improve operational efficiency within the local facilities management sector and offer cost-effective solutions to increase properties' lifespan within real estate development projects in Saudi Arabia.

Industry 4.0 Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)